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  • Bank of Baroda offers Home/Car/Consumer Loans at attractive Rate of Interest / Concessions

    Published on October 8, 2012

    by NR INDRAN / INT

    In view of the forthcoming festival season, Bank of Baroda has announced attractive concessions in rate of interest along with 100% waiver on Unified Processing Charges on its Home & Car Loan, as part of its All India Retail Loan Festival Campaign. These benefits are available till 30th November 2012.

    During this period, customers can avail Home Loan at reduced rate of interest of 10.50% p.a. only for loan amount up to Rs30 Lac and 10.75% p.a. only for loan amount above Rs30 Lac, irrespective of the period of repayment. The maximum period of repayment available for Home Loans is 25 years.

    Similarly, customers can avail car loan at rate of interest of 11.25% p.a. for repayment up 5 years and 11.75% p.a. for repayment between 5 to 7 years. If a customer is an existing Home Loan borrower of the Bank then he may avail additional concession of 0.25% on Car Loan, as per product scheme conditions. Bank has also reduced rate of interest on Personal / Consumer Loans by 2% i.e. from 17% to 15% p.a. w.e.f. 09.10.2012.

    Customers may apply for Home/Car Loan online at www.bankofbaroda.com or visit the nearest Bank of Baroda branch.

    class�e Nr���8��ew of the forthcoming festival season, Bank of Baroda has announced attractive concessions in rate of interest along with 100% waiver on Unified Processing Charges on its Home & Car Loan, as part of its All India Retail Loan Festival Campaign. These benefits are available till 30th November 2012.

    During this period, customers can avail Home Loan at reduced rate of interest of 10.50% p.a. only for loan amount up to Rs30 Lac and 10.75% p.a. only for loan amount above Rs30 Lac, irrespective of the period of repayment. The maximum period of repayment available for Home Loans is 25 years.

    Similarly, customers can avail car loan at rate of interest of 11.25% p.a. for repayment up 5 years and 11.75% p.a. for repayment between 5 to 7 years. If a customer is an existing Home Loan borrower of the Bank then he may avail additional concession of 0.25% on Car Loan, as per product scheme conditions. Bank has also reduced rate of interest on Personal / Consumer Loans by 2% i.e. from 17% to 15% p.a. w.e.f. 09.10.2012.

    Customers may apply for Home/Car Loan online at www.bankofbaroda.com or visit the nearest Bank of Baroda branch.

    You can contact author @ [email protected]

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